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Re:The 144 Million Dollar Button by almond on Sunday May 13, 2012 @09:52AM (#3966997)
This number is revenue, but don't forget about cost. Cab drivers only started incurring credit card fees when the city made them start taking cards. I tip more when I use my card than when I pay by cash to help the driver offset the few-dollar fees. It's not a very high-margin business.
Re:The 144 Million Dollar Button by PeterisP on Monday May 14, 2012 @01:58PM (#3972257)
There shouldn't be any "few-dollar fees". If they are paying more than 3% (i.e., much less than the change in tips) for the card transaction, then they are being robbed blind by the bank and/or corrupt officials.